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HK’s Lam opposes US bill as protesters appeal to Trump

Bloomberg Hong Kong leader Carrie Lam pushed back against protester calls for the passage of US legislation that would require annual assessments of the city’s special trading status and allow sanctions on Chinese officials. “The Hong Kong government doesn’t agree on foreign parliaments passing bills to intervene in Hong Kong affairs, and we feel deep regret,” Lam told a regular ...

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World Energy Congress opens in Abu Dhabi

Abu Dhabi / WAM The 24th World Energy Congress (WEC), kicked off in Abu Dhabi on Monday, gathering ministers, CEOs, policy-makers and industry practitioners from 150 countries to explore new energy futures, critical innovation areas, and new strategies. Under the theme “Energy for Prosperity”, the Energy Congress leads delegates through a four-day interactive programme designed to address the most critical ...

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Sheikh Abdullah launches Abu Dhabi Exports Office

ABU DHABI / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Board of Directors at Abu Dhabi Fund for Development, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Monday announced the launch of the Abu Dhabi Exports ...

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World’s cooperation necessary for energy transition

Abu Dhabi / WAM The World Energy Council (WEC) Co-Chair Jean-Marie Dauger has said that there is no ‘one size fits all’ solution to the global energy transition. During the 24th World Energy Congress in Abu Dhabi, Dauger told the Emirates News Agency (WAM), that the pace of change in the industry is accelerating quite dramatically. “We know there are number ...

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Abu Dhabi launches free Wi-Fi on public buses

Abu Dhabi / WAM The Integrated Transport Center in the Emirate of Abu Dhabi has launched in cooperation with Emirates Integrated Telecommunications Company (du), a free Wi-Fi service project on public transport buses in the emirate. This project was launched during a media tour with the participation of a number of media representatives to experience the first bus in Abu ...

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Apple, Foxconn break China labour law to build ‘iPhones’

Bloomberg Apple Inc and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China Labor Watch (CLW), which issued the report ahead of an Apple event on Tuesday to announce new iPhones. The ...

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Google may ‘stonewall’ antitrust probes, state AGs are warned

Bloomberg Republican Senator Josh Hawley warned state attorneys general (AG) expected to announce an antitrust probe of Alphabet Inc’s Google on Monday that they should expect formidable defensive tactics, no matter how cooperative the company has promised to be. “They will probably stall, stonewall, deflect, deny, threaten,” Hawley, a Missouri freshman who investigated the company when serving as his state’s ...

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Ferrari unveils two new spider models

Bloomberg Ferrari NV unveiled two new cars in a record year in terms of model range renewal, a move that will likely allow the Italian supercar maker to boost sales and increase average prices. On Monday, the Maranello-based company in Northern Italy revealed a sports car equipped with its most popular mid-rear-mounted 720-horsepower V8 engine, called F8 Spider, and a ...

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Putin’s system survives local polls as some cracks appear

Bloomberg Simmering popular anger led to setbacks for Russia’s ruling party in closely watched races in Moscow, even as the Kremlin used its tight control of the electoral system to ensure wins for its handpicked candidates in gubernatorial votes elsewhere. After weeks of the biggest anti-Kremlin demonstrations in seven years in the capital this summer, the United Russia party lost ...

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Ready to resign once successor is found, says Nissan’s Saikawa

Bloomberg Nissan Motor Co Chief Executive Officer Hiroto Saikawa said he won’t resign for being at the centre of turmoil over excess compensation, but is ready to take responsibility for scandals involving former chairman Carlos Ghosn and will exit as soon as a successor is found. Following reports that he and other Nissan executives were paid more than they were ...

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